EUR/AUD. Buy Above 1.2590 - January 4, 2012 (Daily Strategy)

EUR/AUD

The euro-Australian dollar pair, its lowest level recorded in 2012, at the moment is around a 1.2572 weekly support, we believe that if the pair backs, and closes negotiations today, above 1.2590 there will be our point of entry with the target at 1.2980. We have a monthly and yearly analysis of this pair that you can check on this page. instaforex.com/forex_analysis/46601/